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Amada (6113) · InitiativeAdvanced

Improving Consolidated Information by Standardizing the Fiscal Year-End Dates of Overseas Consolidated Subsidiaries

First written in FY2017-Q2. 1 of 3 entries say "Restated". Latest entry: FY2017.

3entries
2years
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ProgressHeldSoftenedWorseFirst statedFY2017-Q2 – FY2017-Q32016: 120162017: 22017
Same theme, other companies
Change in Consolidation Period Due to Fiscal Year-End Alignment Across the GroupA theme 84 companies write about · 0 as a headwind · 32 as a tailwind

11 other companies' latest entry also says "Advanced".

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Showing 14 of the 84 companies compared. The sentences above are computed from all 84.
Full recordFilings, disclosures and news, newest first
  1. FY2017AdvancedAnnual report

    「The fiscal year-end, or provisional closing date, of the consolidated subsidiaries coincides with the consolidated fiscal year-end.」

    It states that, following changes to the fiscal year-ends of overseas consolidated subsidiaries and the use of provisional closings, the fiscal year-end or provisional closing date of the consolidated subsidiaries now coincides with the consolidated fiscal year-end.
  2. FY2017-Q3RestatedAnnual report

    「Among the consolidated subsidiaries, Amada North America and 33 other overseas subsidiaries had fiscal year-ends of 31 December. Their financial statements as of that date were used, and the necessary consolidation adjustments were made for material transactions arising between that date and the consolidated fiscal year-end. To provide more appropriate disclosure of consolidated financial information, however, their fiscal year-end was changed to 31 March from the first quarter of the current consolidated fiscal year.」

    The fiscal year-ends of overseas consolidated subsidiaries were changed to 31 March, reaffirming efforts to eliminate the gap with the consolidated fiscal year-end.
  3. FY2017-Q2First statedAnnual report

    「To provide more appropriate disclosure of consolidated financial information, the fiscal year-end was changed to 31 March from the first quarter of the current consolidated fiscal year.」

    The fiscal year-ends of overseas consolidated subsidiaries were changed to align them with the consolidated fiscal year-end, with the aim of providing more appropriate disclosure of consolidated information.
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Improving Consolidated Information by Standardizing the Fiscal Year-End Dates of Overseas Consolidated Subsidiaries | AMADA CO.,LTD. (6113) | Komori